Stephenson Harwood Middle East LLP

Regulatory and Investigations, Financial Services Regulation, Dispute Resolution

Partner

Phil is a partner in our international regulatory and investigations practice, based in Dubai. He has a broad range of experience in contentious and non-contentious regulatory matters, internal investigations, cross-border enforcement proceedings and financial services disputes.

Having worked for several years as Senior Legal Counsel at the Dubai Financial Services Authority ("DFSA") he has a detailed knowledge of the DFSA regulation and offers insightful and strategic advice across a wide spectrum of contentious and non-contentious issues as a result. In addition to interactions with regulators, he is well placed to assist clients in developing and implementing their compliance policies and regulatory change programmes. He has particular expertise in the application of regulatory requirements to innovative business models.

Phil's contentious experience includes acting on complex, cross border enforcement investigations, involving regulators including the Financial Conduct Authority ("FCA"), Securities & Exchange Commission ("SEC"), Department of Justice ("DOJ"), European Commission and Japan’s Fair Trade Commission. He has also advised on matters involving concurrent regulatory investigations, past business reviews and related court disputes, including those involving the appointment of skilled persons and the use of a novel customer redress scheme.

He has conducted numerous internal investigations in response to issues arising within investment and private banks, including those arising from whistleblowing reports.